Data from the China Tea Marketing Association and the US Census Bureau (GATS) was recently published regarding China exports and US imports of tea for July 2022.
CHINA EXPORTS
HIGHLIGHTS INCLUDE
July total export volume is UP 17.3% year on year
GREEN tea accounted for 84.1% of total export volume.
Average prices are DOWN 24.5% over the previous July to $5.60/kg
Exports of GREEN tea volume INCREASED 20.3% over July 2021
Exports of BLACK tea volume INCREASED 3.4% over the same time last year
US IMPORTS
HIGHLIGHTS INCLUDE
Average price for July GLOBAL imports was $3.52/kg, DOWN 17.5% over the previous July
Average price for July CHINA imports was $3.18/kg, DOWN 23.4% over July 2021
49.5% of all GREEN tea import (volume) was from China, but only 21.7% of VALUE
24.2% of the month’s US ORGANIC tea import volume was from China- a significant drop
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